12 Ways We Live Below Our Means and Save Money

TLDRDiscover 12 frugal strategies we use to live below our means and save money. Learn how we avoid unnecessary expenses and make smart financial choices.

Key insights

💰Avoid using credit cards to inflate our lifestyle and stay out of debt.

🛒Never shop last minute and always look for the best price before buying.

👕Don't dress to impress or fall for fashion trends, but buy quality items at a good price.

🍔Avoid buying frozen processed pre-made meals and instead, plan and prepare our own meals.

♻️Reduce waste and environmental impact by avoiding paper and plastic products as much as possible.

Q&A

Why do you avoid using credit cards to inflate your lifestyle?

We believe in living within our means and not overspending. Using credit cards to appear affluent can lead to debt and financial stress.

Why do you never shop last minute?

Shopping last minute often means paying higher prices and settling for less. By planning ahead and looking for the best price, we save money and get better deals.

Why don't you dress to impress?

We prioritize being true to ourselves and our values. We don't feel the need to show off brand labels and instead choose quality items that fit our budget.

Why do you avoid buying frozen pre-made meals?

Frozen pre-made meals are usually expensive, less healthy, and not as tasty. By preparing our own meals, we save money, eat better, and enjoy the process.

Why do you reduce waste by avoiding paper and plastic products?

Using reusable alternatives and avoiding disposable products helps save money, reduces environmental impact, and promotes sustainability.

Timestamped Summary

00:00Introduction to video and disclaimer that frugal journey may vary for different individuals.

00:59Never use credit cards to inflate lifestyle and avoid debt.

01:55Don't shop last minute; plan ahead and look for the best prices.

02:58Avoid dressing to impress and buying into fashion trends.

03:54Choose quality ingredients and prepare own meals instead of buying frozen pre-made meals.

04:35Reduce waste and environmental impact by avoiding paper and plastic products.